5 Best Books On Investment That High Net Worth Individuals Read
Books make you wise. You can’t challenge this fact. The informational abundance gives your mind a fresh lease of inspiration every time you read one. The sheer amount of knowledge one can gain when reading would make you understand why many influential personalities press upon the book-reading habit. It is quite common to find high-net-worth individuals stacking up books of all kinds and from all parts of the world.
In their collection, you will find plenty of books on investment. Despite their years of experience, they keep reading one book after another to keep refreshing their knowledge. Replete with updated and creative information on the subject matter, some of these books have become regular favorites among investors. I have enumerated a few of them below.
- Best for Basics: The Only Investment Guide You’ll Ever Need
Andrew Tobias writes a guidebook for the newbies out there. Despite being written in the 70s, the book is as relevant as ever. The book will offer anyone, even the most seasoned investors, tips on how to enhance wealth regardless of whatever the means of income you have, devise a brilliant, futuristic plan for retirement, engage in a few tricks to explore a more significant number of opportunities and ensure long-term profits.
The book’s writing style is as simple as the title and can be easily comprehended. If you are starting anew, then you should make this book your vantage point. - Rich Dad, Poor Dad
It is a small, thick book with interesting details. The author Robert Kiyosaki writes a personal account of financial management. He does that by narrating the lessons he learned from his father and his father’s friend on finances. First published in 1997, the book has been recently updated to include more notes from the author. You will often find this book on the recommended lists of many wealthy individuals. - Think and Grow Rich
It is quite likely you have heard of this book somewhere at some point in your life. Offering a harmonious blend of motivational and financial wisdom, this book is for everyone looking for some inspiration to dive deep into the world of money. Napolean Hill’s magnum opus is a solid compilation of stories about the most remarkable business personalities in the world and upon which he lends support to his theory of success.
The book was first published in 1937 but remains an evergreen option for any person who wants to grow rich at any time. - Best for Women: The Women’s Guide to Successful Investing
It is unfortunate that women are often considered unfit for the stock market. Even the most experienced professionals and investors erroneously comment on women’s aptitude to make money. Women have always been multitaskers, risk-takers, and finance managers, even without having to enter the stock market. But they surely need as much guidance as any other because the stock market isn’t a cup of tea.
It is the one and the same challenge for all. Nancy Tengler’s book acknowledges that and offers a comprehensive guide to women investors. She provides for all the strategies, from top to bottom, that she has learned from her own experiences. - The Intelligent Investor
The ever-influential seminal work of Benjamin Graham is biblical to many investors. The book covers nearly all the major aspects of investments and offers strategies that make investing more viable and profitable. The book’s main aim is to teach its readers how to take calculated risks, acknowledge the sentimental value associated with investing, and not let greed take hold of their senses.
Benjamin wrote this book in 1949, but he wasn’t writing for a particular period of time; he was writing for the generations to come. And we see today that this book remains of high contemporaneous value.
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